Democratic 2020 U.S. presidential nominee Joe Biden points a finger at his election rally, after news media announced that Biden has won the 2020 U.S. presidential election, in Wilmington, Delaware, U.S., November 7, 2020. Kevin Lemarque | Reuters Stocks were set to continue their big post-election rally as futures rose […]
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Dow futures rise 300 points after Biden wins presidency as post-election rally continues
Democratic 2020 U.S. presidential nominee Joe Biden points a finger at his election rally, after news media announced that Biden has won the 2020 U.S. presidential election, in Wilmington, Delaware, U.S., November 7, 2020. Kevin Lemarque | Reuters Stocks were set to continue their big post-election rally as futures rose […]
Political backdrop will help drive stocks to new highs, Federated’s Phil Orlando predicts
A major Wall Street firm just boosted its exposure to stocks. According to Federated Hermes chief equity market strategist Phil Orlando, the firm increased its asset allocation to 3% from 2% hours after Election Day due to a more favorable environment. “We’re pretty comfortable that the risk of a blue […]
‘It’s Joe!’ How newspapers around the world reported President-elect Biden’s victory
In this photo illustration German newspaper front pages show Sunday newspapers headlines following the projection by news outlets of Joe Biden as the winner of the recent U.S. presidential election on November 08, 2020 in Berlin, Germany. Maja Hitij | Getty Images WASHINGTON — With headlines like “It’s Joe” and “Finally!” […]
U.S. reports more than 126,000 coronavirus cases for second day, fourth straight record as virus surges nationwide
The United States reported more than 126,000 new cases of the coronavirus two days in a row, as medical experts warn that the outbreak is worsening across the country and could lead to a devastating winter. The nation recorded 126,480 cases on Friday and 126,742 cases on Saturday. The U.S. […]
‘Mission impossible’, ‘huge relief’ and a ‘bittersweet victory’: World media reacts to Biden win
Locals read a newspaper as residents of Ballina, Co. Mayo, Ireland, begin celebrations in the ancestral home of US Presidential candidate Joe Biden in anticipation of the results of the US election as Biden edges closer to victory over Donald Trump. Brian Lawless | PA Images | Getty Images International […]
Automakers use virtual reality to cut the development time for vehicles like the Hummer EV
General Motors unveiled the 2022 GMC Hummer EV sport utility truck, or SUT, online and during national television broadcasts on Oct. 20, 2020. GM General Motors developed the 2022 GMC Hummer EV in rapid time with help of virtual reality, an increasing trend for the automotive industry before and during […]
4 potential talking points at McDonald’s investor meeting
McDonald’s U.S President Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois, United States March 5, 2018. Richa Naidu | Reuters McDonald’s swift recovery from the coronavirus pandemic has prompted investors to ask how the fast-food giant plans to keep fueling sales growth. The […]
Wall Street’s top analysts are betting on stocks like Qualcomm & Humana
2011 Gain: $32.87 (60%) 2011 Closing price: $87.61 Last year, investors turned away from HMO stocks such as this, fearing the impact of a new health care overhaul rule involving medical-loss ratios. However, Humana showed it was able to manage the new regulation and in October delivered better-than-expected profits and […]
Joe Biden, in his first speech as president-elect, urges unity: ‘Time to heal in America’
WASHINGTON — President-elect Joe Biden called on Americans to come together and heal Saturday in his first speech since winning the presidency. “This is the time to heal in America,” he said in a speech in Wilmington, Delaware that capped off a day of celebrations and impromptu parades nationwide. “We’ve […]